Strabag and Končar late in delivering project documentation for HPP Vranduk
Construction works on Vranduk hydropower plant (HPP Vranduk) have been stalled. According to local media reports, the consortium comprising Austrian Strabag and Croatian Končar has delayed in delivering project documentation while trying to revise upwards the cost of the project, proposal to which the supervisory body was reluctant. The project of state power utility EPBiH […]
EBRD and the Green Economy Transition: a strategy for sustainable investments in Serbia
By Ana Bachurova, EBRD Energy Efficiency and Climate Change team and Daniel Berg, EBRD Director for Serbia The European Bank for Reconstruction and Development (EBRD) was the first international financial institution whose charter was explicitly “green” – that is, environmentally friendly. In Serbia, the EBRD investments in green projects account for more than EUR 800 […]
EBRD providing green funds to UniCredit for on-lending
UniCredit Bank a.d. Banja Luka may be granted a EUR 5 million senior loan under the Western Balkans Residential Green Economy Financing Facility (GEFF) for on-lending to residential sector for green economy investments in Bosnia and Herzegovina, the European Bank for Reconstruction and Development said in the project summary. The target board date is May […]
MEPSO looking for consultant to assess impact of electric vehicles implementation
Electricity Transmission System Operator of Macedonia MEPSO has issued an invitation for expression of interest for a consultant to assess possible impact of electric vehicles implementation in Macedonia for the period of next 20 years. The main objective of the assignment is to prepare a study that is to investigate effects of plug-in electric vehicles […]
EBRD considers providing EUR 50 million loan for wind farm Kovačica, Serbia
The project for the construction of 104.5 MW wind farm Kovačica in Vojvodina, Serbian northern province, reached important milestone: European Bank for Reconstruction and Development (EBRD) officially launched the procedure to consider approval of the EUR 50 million loan to Electrawinds K-Wind d.o.o., a company developing the project. Loan approval decision will be made on the […]
World Bank to support Albania’s energy projects further
The World Bank is eager to help Albania address constraints and overcome challenges in making the energy sector competitive and efficient and expanding integration with neighbours, the organization’s eight executive directors told the government in Tirana, headed by prime minister Edi Rama. The two-day visit organized at the end of last month as part of […]
EBRD seeks consultant for hydropower sector plan
As part of activities to bolster Macedonia’s share of power generation from hydro facilities, currently at one fifth, the European Bank for Reconstruction and Development placed a call for services of a consulting company. Its responsibility will be to assist the government of the Balkan country in conceptual design for the best hydropower development option […]
Construction of first wastewater treatment facility in Belgrade underway
The City of Belgrade announced a call for a consulting company that will prepare the studies, design documentation and tender dossiers for the construction of the first wastewater treatment plant and sewage system to be located in Batajnica. Estimated cost of the assignment is EUR 850.000, exclusive of VAT. The Public Utility Company Belgrade Waterworks […]



